Review Of INNOVAMINEX ICO

About The Project

InnovaMinex is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through our e-commerce, partner stores and our own ATMs. InnovaMinex will give buyers the opportunity to verify the origin of the metal that they acquire. Buyers will be able to obtain assurances that the extraction of metal is legal, that the environment has been protected, and that transactions can not be used for money laundering. All are registered and the whole community has access to them. Our ultimate goal is to get the best possible price for our clients and for our community, with emphasis being placed on the transparency and safety of all transactions conducted. It is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through our e-commerce, partner stores and our own ATMs.
This will allow buyers to verify the origin of the metal they have acquired, insuring that the extraction is legal, that the environment has been protected at all times, or that it cannot be used for money laundering, since all transactions are registered and the whole community has access to them.
Our ultimate goal is making gold and other precious metals more accessible to all the people through our cryptocurrency, INX, obtaining the best possible price both for our clients and for our community, with emphasis being placed on the transparency and safety of our transactions.

InnovaMinex is a live project that uses blockchain technology to guarantee the traceability of precious metals , by applying a set of procedures such as:

  • It allows the certification of the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer;
  • It gives buyers a possibility to verify the origin of the metal they have acquired, insuring that the extraction is legal and that the environment has been protected at all times;
  • The project cannot be used for money laundering, since all transactions are registered by the blockchain and the whole community has access to them;

Our main goal is to make gold and other precious metals more accessible to all people through our cryptocurrency, INX, obtaining the best possible price both for our clients and for our community, with emphasis being placed on the transparency and safety of our transactions.Most importantly, the InnovaMinex project provides a unique link between gold and INX, in such a way that even if there were negative scenarios for gold and for INX, users who trust in our cryptocurrency will still benefit.

  • If the price of gold declines, this does not mean that the price of #INX also declines (it could happened that the value of INX grows as the volume of InnovaMinex’s business grows!)
  • If the value of the INX token falls (at the stock exchanges the supply exceeds demand), then those users who save their INX get more advantages and opportunities for buying gold with even better conditions.

                             #innovaminex, #INX #blockchain #gold

Merits of InnovaMinex

Blockchain

The best and most advanced technology providing complete information on traceability from the extraction of precious metals to their commercialization.

Safety and integrity

Users can rely on the fact that transactions will be conducted in an invulnerable, automatic and trustworthy way, removing the need to trust in third parties.

Faster speed

Interbank transactions usually take several days before they are cleared and settled. INX work 24/7, reducing transaction times to just minutes.

Low-cost

By eliminating traders and third parties, we can remove unwanted additional costs. That is how InnovaMinex is able to significantly reduce transaction fees.

Transparency and immutability

All INX transactions are publicly visible and immutable for the whole community. They cannot be either altered or deleted.

Quality traceability

The certification performed by our blockchain will be complete, consistent, precise and publicly available.

Market

InnovaMinex is the safest and the most cost-effective option for the purchase of gold and precious metals.

INX

Our cryptocurrency will rank first in the mining and precious metals industry.

ICO PARAMETERS

INX Tokens will be the utility token used on the InnovaMinex ecosystem. The InnovaMinex platform will be hosted on the INX’ Proprietary Blockchain Network (INX Thunder Network (TTX)).

 

Symbol – INX
No. of Tokens Available for Sale – 210 million INX (65% distributed in ICO)
Soft Cap – $10 million
Hard Cap – $ 52.5 million
Payment Method – BTC, XRP, ETH, BCH, LTC, DASH, ETC, USDT
Token Standard – INX Blockchain, backed by (INX Thunder Network (TTX))
Token Launch Price – 1 USD = 2 INX
KYC and Whitelist Required – Yes
Minimum Purchase – 1 INX

ICO Sales – Phase 1*

Start Date – 26th Nov ’18 ||| End Date – 9th Dec ’18
Bonus – 30% Discount
Token Sales Limit – up to 210 million INX

ICO Sales – Phase 2*

Start Date – 10th Dec ’18 ||| End Date – 23rd Dec ’18
Bonus – 24% Discount
Token Sales Limit – up to 210 million INX

ICO Sales – Phase 3*

Start Date – 24th Dec ’18 ||| End Date – 6th Jan ’19
Bonus – 16% Discount
Token Sales Limit – up to 210 million INX

ICO Sales – Phase 4*

Start Date – 7th Jan ’19 ||| End Date – 20th Jan ’19
Bonus – 10% Discount
Token Sales Limit – up to 210 million INX

ICO Sales – Final Phase*

Start Date – 22nd ’19 ||| End Date – 26th Jan ’19
Bonus – 0% Discount / No Bonus
Token Sales Limit – up to 210 million INX

[Note: – (*) Only if the 210 million INX have not been sold in previous phases]INX tokens being the utility token on the InnovaMinex ecosystem helps customers in the following process of its ecosystem: –

1. Mines (Mining) – Clients using INX will be offered benefits and discounts
2. Refining – InnovaMinex being the 1st refiner to accept cryptocurrency for metal refining activities
3. e-commerce – INX will be the preferred currency on the InnovaMinex on-line store, while offering discounts and benefits
4. Exchange – INX will be traded in various exchanges for digital currency or fiat money
5. ATMs – INX can be purchased in PoS and ATMs hosted / deployed by InnovaMinex
6. Participant Stores – INX can be used for payments in major platforms and in small partner stores

INX Token Distribution and Innovaminex Project’ Fund Distribution

Roadmap

From 2013…

Searching for mining prospects: Direct investment is achieved for Verada Guayaquil project. Six other gold mining concessions are negotiated.

November 2018

Initiation of the assembly plant at the Guayaquil project. Additional explorations conducted into the Vizcaya project. The hoarding of minerals begins.

November 2018

On the 26th the official sale of INX begins. There will be 4 phases with different types of discounts up to 30%. It will last until January 21st.

December 2018

INX will be listed in several exchange platforms and ATMs worldwide.

January 2019

Our e-commerce for the sale of gold and silver is launched (launch of the marketing campaign to create awareness for our innovative products).

February 2019

Initiation of the refinery and start of the refining of gold with other mines and associations.

April 2019

Beginning the assembly of the Bolívar 2 project plant. This is the second plant of InnovaMinex.

April 2019

InnovaMinex ATMs: Precious metals commercialization and start-up of the first ATMs selling gold, INX and other cryptocurrencies.

May 2019

Opening of the mine entrance for the Vizcaya project and hoarding of minerals.

June 2019

The plant at the Guayaquil 1 project starts operation and the construction of the beneficiation plant at the Bolívar 2 project begins, in addition to mineral hoarding.

August 2019

The assembly of the beneficiation plant at the Vizcaya project starts. The rehabilitation and construction of the main galleries at the Antioquia 3 project begins.

September 2019

Commercialization of our gold and other precious metals, processed by our refinery.

May 2020

The extraction and stockpiling of minerals at Minex 7 begins, as well as the construction of the main galleries, extraction and stockpiling of minerals in Minex 12.

June – July 2020

The beneficiation plant at Antioquía 3 begins operations, and the construction of the Minex 7 plant starts.

February – September 2021

The Minex 7 plant starts operating and the construction of the Minex 12 beneficiation plant commences. The hoarding and construction of the main tunnels of the Tolima project begins.

For more detailed informations, visit

Website: https://innovaminex.com/en/inx
White paper: http://innovaminex.com/docs/whitepaper-en.pdf
Tokenomics: http://innovaminex.com/docs/tokenomics-en.pdf
Twitter: https://twitter.com/innovaminex
Facebook: https://www.facebook.com/Innovaminex/?ref=bookmarks
Telegram: https://t.me/InnovaMinex
Medium: https://medium.com/@innovaminex
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=5040040
Linkedin: https://www.linkedin.com/company/innovaminex/

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1460674

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